Twitter reported a quarterly loss Friday and declining revenue caught Wall Street off guard with the number of people using the platform on the rise. The latest quarterly earnings figures offered a glimpse into how the social media platform has performed during a months-long negotiation with billionaire and Tesla CEO… Read More
The future’s ‘Top Gun’ may use AI and include drone wingmen
Maverick’s next wingman could be a drone. In the movies, fighter pilots are depicted as highly trained military aviators with the skills and experience to defeat adversaries in thrilling aerial dogfights. New technologies, though, are set to redefine what it means to be a “Top Gun,” as algorithms, data and… Read More
New Jersey woman sentenced for 400K GoFundMe scam
A woman who admitted her role in a scam that raised $400,000 using a fake story about a homeless man received a one-year prison sentence in federal court Thursday. Katelyn McClure was also ordered to make restitution and serve three years’ supervised release. The 32-year-old Bordentown, New Jersey resident is… Read More
Michelle Obama to release first book after big blockbuster
Michelle Obama will have a book out this fall, “The Light We Carry,” in which she reflects upon her experiences and shares insights on navigating an increasingly stressful world. It’s the former first lady’s first entirely new work since the 2018 release of her acclaimed blockbuster “Becoming,” which has sold… Read More
Amazon to buy health care provider One Medical for $3.9B
Amazon announced Thursday it will acquire the primary care organization One Medical in a deal valued roughly at $3.9 billion, marking another expansion for the retailer into health care services. The Seattle-based e-commerce giant said in a statement it will acquire One Medical for $18 per share in an all-cash… Read More
Maxine Waters’ family just made a ton of cash
In her three decades as a congresswoman, Rep. Maxine Waters, D-Calif., has somehow turned her $174,000 a year annual salary into an estimated $10 million dollar fortune. Waters lives in luxury a multi-million dollar mansion located outside the 43rd district of California she represents. She regularly flies first class across… Read More
Russia resumes selling natural gas to Europe because of…
Natural gas started flowing through a major pipeline from Russia to Europe on Thursday after a 10-day shutdown for maintenance — but the gas flow remained well short of full capacity and the outlook was uncertain, which leaves Europe still facing the prospect of a hard winter. The Nord Stream… Read More
Tokyo still working to assess aftermath of Olympics a year later
The Tokyo Olympics survived the COVID-19 postponement, soaring expenses and some public opposition. A year later, the costs and benefits remain as difficult to untangle as the Games were to pull off. In his speech at the closing ceremony, IOC President Thomas Bach said a major accomplishment of the Games… Read More
Ukrainian corruption and graft remains a big concern
Ukrainian President Volodymyr Zelenskyy’s dismissal of senior officials is casting an inconvenient light on an issue that the Biden administration has largely ignored since the outbreak of war with Russia: Ukraine’s history of rampant corruption and shaky governance. As it presses ahead with providing tens of billions of U.S. tax… Read More
Netflix loses subscribers again in Q2… but remains optimistic
Netflix shed almost 1 million subscribers during the spring amid tougher competition and soaring inflation that’s squeezing household budgets, heightening the urgency behind the video streaming service’s effort to launch a cheaper option with commercial interruptions. The April-June contraction of 970,000 accounts, announced Tuesday as part of Netflix’s second-quarter earnings… Read More
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